Foster, RI—02825
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Foster, RI
As of Oct '25, the median home price in Foster, RI is $544,000, with a year-over-year change of 6.7%. This indicates that home prices in Foster, RI are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $544,000 | 6.7% |
| Single Family | $545,000 | 6.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $429,000 | 3.6% |
3 Bed | $553,000 | 6.3% |
4 Bed | $631,000 | 7.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Foster, RI
Foster, RI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Foster, RI
As of Oct '25, Realtor.com reports that the median days on market for a home in Foster, RI is 33. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $550,000 | 11.0% |
Listing Count | 21 | 24.0% |
| Listings as % of Homes | 0.5% | 24.0% |
Days on Market | 33 | 12.0% |
Demographics — Foster, RI
As of the latest ACS Survey released in 2023, Foster, RI has a population of 5,860, which has increased by 6.6% over the past 5 years. Foster, RI is a moderately popular place for families, as children make up 18.3% of the population. The area has a moderately educated workforce, with 33.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,860 | 6.6% |
% Under 18 | 18.3% | -7.1% |
% Seniors | 18.5% | 5.7% |
% WFH | 12.6% | 125.0% |
% w/ College Degree | 33.7% | -3.2% |
As of the latest ACS Survey released in 2023, Foster, RI is a predominantly white area, with 86.8% of the population identifying as white. The white population has shrunk by 9.1% in the last 5 years. The second most common race or ethnicity in Foster, RI is black, making up 1.3% of the population. Foreign-born residents account for 3.4% of the population in Foster, RI, and this percentage has increased by 47.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 86.8% | -9.1% |
% Black | 1.3% | 1,200.0% |
% Hispanic | 0.6% | 0.0% |
% Asian | 0.2% | -50.0% |
% Foreign Born | 3.4% | 47.8% |
Mortgage and Risk — Foster, RI
According to HUD data as of 2023, there were 98 mortgage originations in Foster, RI, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Foster, RI. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 98 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Foster, RI
Foster, RI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,510 |
| 2 Bedroom | N/A | N/A | $1,880 |
| 3 Bedroom | N/A | N/A | $2,280 |
| 4 Bedroom | N/A | N/A | $2,750 |
Affordability — Foster, RI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $544,000 |
| Median Household Income | $110,000 |